Moloney Securities Asset Management LLC Sells 18,000 Shares of Capital Group New Geography Equity ETF $CGNG

Moloney Securities Asset Management LLC lessened its position in Capital Group New Geography Equity ETF (NYSEARCA:CGNG) by 53.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,750 shares of the company’s stock after selling 18,000 shares during the period. Moloney Securities Asset Management LLC’s holdings in Capital Group New Geography Equity ETF were worth $487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in Capital Group New Geography Equity ETF by 119.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 2,219,043 shares of the company’s stock worth $68,568,000 after acquiring an additional 1,208,748 shares during the last quarter. Cetera Investment Advisers boosted its stake in Capital Group New Geography Equity ETF by 503.4% during the 2nd quarter. Cetera Investment Advisers now owns 1,291,547 shares of the company’s stock valued at $37,209,000 after purchasing an additional 1,077,493 shares during the last quarter. NewEdge Advisors LLC bought a new stake in shares of Capital Group New Geography Equity ETF in the 2nd quarter worth $16,600,000. Merit Financial Group LLC increased its holdings in shares of Capital Group New Geography Equity ETF by 1,633.1% in the 3rd quarter. Merit Financial Group LLC now owns 498,401 shares of the company’s stock worth $15,401,000 after purchasing an additional 469,644 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of Capital Group New Geography Equity ETF by 139.7% in the third quarter. Commonwealth Equity Services LLC now owns 784,620 shares of the company’s stock worth $24,245,000 after purchasing an additional 457,323 shares during the last quarter.

Capital Group New Geography Equity ETF Price Performance

Shares of NYSEARCA:CGNG opened at $34.03 on Monday. Capital Group New Geography Equity ETF has a 1 year low of $22.22 and a 1 year high of $34.42. The company has a market cap of $1.58 billion, a P/E ratio of 19.57 and a beta of 0.55. The stock’s fifty day moving average price is $32.67 and its 200-day moving average price is $31.27.

Capital Group New Geography Equity ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were paid a dividend of $0.217 per share. The ex-dividend date was Friday, December 26th. This represents a yield of 67.0%.

About Capital Group New Geography Equity ETF

The Capital Group New Geography Equity ETF (CGNG) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investment in companies from the emerging markets, may include frontier markets securities. CGNG was launched on Jun 25, 2024 and is issued by Capital Group.